Overall NEWP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NEWP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NEWP has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.30
We found 2 important support areas.
- Support @2.43 from a trend line in the daily time frame.
- A support zone ranging from 2.32 to 2.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NEWP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEWP is up. |
| ChartMill Relative Strength | 97.67 | POSITIVE | NEWP has a high relative strength, it outperformed 97.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEWP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEWP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEWP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.41 | NEUTRAL | The RSI value for NEWP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NEWP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.09 | NEUTRAL | The Stochastics value for NEWP is a neutral value. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for NEWP suggests high volalility. |
| Average Directional Index/ADX (14) | 31.37 | POSITIVE | The high ADX value value for NEWP suggests a strong trend. |
3.57
+0.06 (+1.71%)
NEW PACIFIC METALS CORP / NEWP FAQ
Can you provide the ChartMill technical rating for NEW PACIFIC METALS CORP?
ChartMill assigns a technical rating of 10 / 10 to NEWP.
What is the current trend direction of NEW PACIFIC METALS CORP (NEWP) stock?
The current trend direction for NEW PACIFIC METALS CORP (NEWP) is Bullish.
What is the RSI signal for NEW PACIFIC METALS CORP (NEWP) stock?
NEW PACIFIC METALS CORP (NEWP) has an RSI value of 68.4063. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEW PACIFIC METALS CORP?
The MACD indicator for NEW PACIFIC METALS CORP (NEWP) has a value of 0.0581151, indicating a bearish trend.
Can you provide the buy/sell signal for NEW PACIFIC METALS CORP?
The buy/sell signal for NEW PACIFIC METALS CORP (NEWP) is buy as both the short term and long term trends are positive.